Since inception, Loansmart have been providing quick decisions, fast settlements, competitive rates and excellent service to their clients, which may explain why they are finding they are so popular in providing car financing. They finance thousands of people into car upgrades every year, so if you need some cash to go car hunting, then talk to them today.
Loansmart advise that when you go looking for a new vehicle, have a checklist ready like the one they have prepared for you on their website. This might save you from buying a lemon. A brief excerpt of what’s in the checklist includes a valid warrant of fitness. A vehicle sold by a dealer must have a warrant of fitness less than one-month-old. Private sellers can sell without a warrant, provided the car is clearly identified for sale, “as is where is”.
You will also need a Consumer information notice (CIN). A dealer (but not a private seller) is required to attach a CIN to every motor vehicle for sale and you must be given a copy if you buy the car. You should also check that there are no outstanding debts. If you buy privately, your car could be repossessed if there are any outstanding debts on it, so use a vehicle history checking service, such as CarJam, to find if the car is debt-free. A registered motor vehicle dealer must disclose any security interest on it for outstanding finance payments, and Loansmart will do all the necessary checks for you as part of arranging your vehicle finance.
The certificate of registration lists the current registered owner of the car. This should be the company or person – either dealer or private – you’re buying the car from. If you’re in any doubt, check with the police, and finally, if you’re buying from a dealer, they must provide you with a written sale agreement that you’ve signed. Don’t sign an agreement until you’ve read and understood all the clauses.
Loansmart’s team of Loan Consultants is available to talk you through this process, and explain anything that you require clarification on, so don’t forget to download the checklist on their website, and for more information on loans NZ, bad credit loans and personal loans please go to http://www.loansmart.co.nz .
